


XRPUSD long target reached at 0.1450$. We are now at the beginning of bull run from 2017. Is this new opportunity ?
Gold is still looking buIlish on 1800$ It should be easy for gold to take out previous high, which will then stand as new support zone. I'm expecting one more move higher like we saw in 2011. Target 1920$ and 1950$, move your SL accordingly.
ADAUSD is looking bullish, breakout from descending channel was powerful, with big gap to the upside. Retest of the trendline showed strong support on 0.12$ area. Currently the price is above 0,13$ which was another resistance zone and as longer we stay above it, ADA has some more upside potential. MACD and RSI are also indicating positive momentum. LONG; target...
XRP is ready to rocket. Weekly chart looking extremely well, price has reached my final target, where bull run began in 2017. RSI is well positioned at 30, indicating buy area. First target is bearish trendline (red line), then we will see where this rocket takes us. I will hold this longer.
Crude oil futures fell, with U.S. futures touching levels not seen since 1999, extending weakness on the back of sliding demand and concerns that U.S. storage facilities will soon fill to the brim amid the coronavirus pandemic. Price crashed over lower support of trending channel and its now placed on long term support which goes back to 1987, 1990, 1996 and 2000...
Ascending triangle is indeed bearish formation, when price is making lower lows, but keeps bouncing from support line, which in our case is the long-term support from 2017 – start of bull run. Now most of the time, the price will eventually break the support line and continue to fall, however, in some cases, the support line will be too strong, and the price...
U.S. crude prices notched a weekly loss of 29%, the steepest since the outset of the U.S./Iraq Gulf War in 1991. Brent crude dropped by 20%. Both benchmarks have dropped for four straight weeks and are now down about 60% from beginning of the year. Last week was the worst as oil barrel composed 4 out of 5 biggest daily drops, the biggest was on 23 march when it...
In one line: Whatever it takes. Fed has announced an array of new measures to support the financial system and the real economy. Extracts from the statement: • The Fed will purchase Treasury securities and agency mortgage-backed securities—now including commercial MBS—in amounts needed to support smooth market functioning and effective transmission of monetary...
The big names are falling apart. Boeing Co. (BA) hit an all-time high of $446.01 just one year ago. Today, shares of BA closed the regular trading session at $124.14 and are currently trading at 119.42 in extended trading after news that the company is seeking tens of billions of dollars in U.S. government loan guarantees and other assistance. U.S. President...
XRPUSD did not manage to break over bearish trend line which is in place from FEB18. That’s the 3th time we have seen reversal from the line, maybe also the last line as the curve is getting flatter. I placed a green support line on 0.14500 as this was a major support zone back in AUG 2017. 0.17500 is last bottom, lets see if it holds. Remember that this is a big...
DBK has struggled for years, but at current levels it is showing some strength. Price broke from descending channel after the news that Capital Group invested in the bank. There was also higher lows structure which was supported with positive movement on MACD and RSI. Deutsche Bank’s restructuring plan was handed a vote of confidence after US asset manager...
Tesla is rallying for a sixth day, with shares up another premarket to over $800, following yesterday's incredible run that saw the stock skyrocket 20%. The latest? Panasonic said its business turned profitable in Q4 as Tesla's battery output helped push that division into the black, while Argus and Ark Invest issued some bullish predictions. TSLA has now climbed...
No, it’s not Bitcoin chart, but EV maker. Tesla shares are topping $550, lifting gains over the last 24 hours past 10% and extending a record run with a market cap of over $100B. That figure means Tesla (NASDAQ:TSLA) would steal Volkswagen's (OTCPK:VWAGY) title as the second-most valuable global carmaker during today's session after topping the combined value of...
Quant studies are starting to point to 2020 being a good year. Since 1950, when the first 5 days of the year are positive, the market has posted a gain 36/45 times (80%), with an average/median gain of 13.6%/13.6%. This is only slightly better than “all years,” so don’t get too excited. But when the S&P gains more than 0.65% in the first five days, as it did this...
Trendline on XRP is looking very strong ATM and further increase in price can be expected. Target $0.39 looks ok for now, regions around $0.31 are great buy area. Keep stop loss under trendline, but don't keep it too close, as volatility is still high. I expect XRP to fill the red gap very soon.
XRP is back to $0.41 after that manipulative move on 9th June. The gap is fulfilled. This region is crucial for movement in next weeks. Looking at 1h time frame, XRP is moving in declining range; making lower lows, lower highs. Breaking that channel to upside would lead to $0.45 target. On the downside there are supports on $0.37, $0,35, $0335 regions. Even though...
The golden cross is a candlestick pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term. Fasten your seatbelts. Next target $0.63.
I have been monitoring ZRX for long time and covered some of the short-term trades before, but now I’m more interested in the long run as we might have a bullish reversal which could bring higher prices. Looking at a chart from NOV 18 to MAR 19, you can see the price made lower lows while RSI made higher highs – I marked the pattern with arrow and blue vertical...